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Wind farm gets tax break
Credit: By FERNANDO DEL VALLE Staff Writer | Brownsville Herald | September 16, 2014 | www.brownsvilleherald.com ~~
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Translate: FROM English | TO English
RAYMONDVILLE – A wind farm developer will pay Willacy County about $458,000 a year under a 10-year agreement tied to its second project, which will build 116 wind turbines.
The latest wind farm will be located north of FM 186 and east of Interstate 69E, officials said Tuesday.
County Judge John F. Gonzales Jr. said commissioners on Monday gave E.ON Climate & Renewables an 85-percent tax break under the agreement. The developer will pay the county about $200,000 a year in lieu of taxes.
Under the agreement, E.ON also will pay the county $1,125 for each megawatt generated by the wind farm, or about $258,000 a year, Gonzales said. The wind farm would generate about 230 megawatts.
Commissioner Fred Serrato said he cast the lone dissenting vote because he wanted the developer to pay the county more money per megawatt.
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